Latest stories – Page 11
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Airline BusinessJetSmart looks to grow in Argentina as economics and regulations improve: CEO
After launching domestic service in Colombia last month, JetSmart chief executive Estuardo Ortiz is already marching toward his next conquest – Argentina – with the goal of taking advantage of seismic economic and regulatory changes.
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Airline BusinessAvelo doubles down on core strategies three years after launching as start-up
Three years have passed since US start-up Avelo Airlines first took off from Burbank, California with an aggressive plan to carve a niche among established ultra-low-cost carriers (ULCCs).
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Airline BusinessSpirit Airlines on track for greater Q1 loss than expected
US discounter Spirit Airlines is bracing for a greater first-quarter loss than previously anticipated due to how it is accounting for $150-$200 million in compensation from Pratt & Whitney (P&W) for its grounded Airbus A320neo-family aircraft.
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Airline BusinessWeek 16 2024: Has Delta set bar impossibly high?
Delta Air Lines kicked off the latest quarterly earnings season last week with a message so positive that it almost feels inevitable that sentiment only has one direction to travel as more airlines reveal their first-quarter 2024 performances.
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Airline BusinessDelta’s Bastian upbeat on demand amid ‘most-constructive backdrop of my career’
Delta Air Lines chief executive Ed Bastian painted a positive demand picture after reiterating the airline’s full-year guidance today, describing the environment as “maybe the most-constructive backdrop” during his career.
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Airline BusinessTurkish Airlines sees growth sustaining with long-haul, cargo and AJet
While inflationary, geopolitical and aircraft availability issues continue to cloud the horizon, Turkish Airlines is still aiming to increase passenger capacity by 10% this year.
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Airline BusinessWhy Brazil’s airlines are welcoming ‘great dialogue’ with government
Brazil’s airlines are continuing to navigate tough market conditions, but there are signs that the government is listening to their concerns and may be about to offer at least $1.2 billion in new credit lines amid rising capital costs in the country.
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Airline BusinessIATA global airline traffic leaps above 2019 for first time during longer February
Global airline traffic among the IATA membership in February exceeded pre-Covid levels for the first time since the pandemic, aided by the leap year adding an extra day to the month.
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Airline BusinessChina Eastern frets about geopolitics amid tepid international recovery
China Eastern Airlines was the only operator among China’s ‘Big Three’ – which also includes Air China and China Southern Airlines – to remain loss-making, despite China’s pandemic restrictions having been loosened for a full year.
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Airline BusinessGreater Bay Airlines chief executive appointment reflects greater trend
The appointment of a new chief executive at a small carrier in Hong Kong might not have created many headlines this week, but it does offer another concrete example of a growing trend among the world’s airlines.
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Airline BusinessAirlines accelerate hiring of women to top executive roles from low base
The industry has been employing more women in the C-suite for some time now, but new data hints at the pace of change quickening after years of glacial progress, with positive steps continuing into the first few months of 2024
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Airline Business‘Not just riding the wave’: after financial turnaround, Malaysia Airlines eyes year of ‘credibility’
As Malaysia Airlines’ parent Malaysian Aviation Group (MAG) turns in a glowing financial report, it is keen to prove it is no one-trick pony, but that it has changed for the better.
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Airline BusinessFlair Airlines steady amid turbulent Canadian low-cost segment: CEO
Flair Airlines’ chief executive Stephen Jones is pushing back against suggestions that the Canadian low-cost carrier is struggling in the aftermath of competitor Lynx Air’s collapse.
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Airline BusinessStart-up carrier New Pacific pivots to charters as scheduled service lags
US start-up carrier New Pacific Airlines is pivoting to focus mostly on charter flights after struggling to catch on with its scheduled passenger service out of Southern California.
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Airline BusinessEuropean airlines cite Chinese access to Russian airspace as they seek ‘level playing field’
Europe’s airlines are keen for authorities to address the competitive advantage that Chinese carriers currently experience in being able to fly through Russian airspace, as part of a broader push for what they call a “level playing field” with international competitors.
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Airline BusinessHawaiian’s long-awaited 787s will ‘stretch legs’ across USA and Pacific: CEO
The recent arrival in Honolulu of a GEnx-1B-powered Boeing 787-9 adorned with Hawaiian’s floral livery – the first of 12 now expected through 2027 – is a long-awaited and horizon-expanding addition to the carrier’s long-haul fleet.
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Airline BusinessEurope’s airlines heartened by sharp change in perception of industry
Thanks to its founding mission, Airlines for Europe (A4E) might be naturally inclined towards pointing out things that need improving in the policy and regulatory sphere, but the European airline association also used its annual summit on 20 March to highlight a fundamentally positive development for the region’s carriers.
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Airline Business‘Never seen such a brand before’: AirAsia Cambodia eyes growth despite tax challenges
Armed with the backing from parent AirAsia Aviation, AirAsia Cambodia hopes to make a splash in the country’s fledgling, but fragmented, aviation sector.
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Airline BusinessHow ANA president Shinichi Inoue is hitting a home run, and then some
ANA president and chief executive Shinichi Inoue is overseeing the airline’s next stage of growth, with a new medium-haul sister unit, European expansion on the cards and promising financial results.
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Airline BusinessFreshly listed Air Astana eyes more growth after profitable 2023
Kazakhstan’s Air Astana Group is eyeing further growth this year after continued expansion of its low-cost subsidiary FlyArystan helped it lift its adjusted EBITDA slightly to $301 million in 2023.